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Preserving Macroeconomic Stability for Favorable Investment Climate

The Budget for 2024-25 focuses on investment and stability, with emphasis on capital expenditure and state support for infrastructure projects. Efforts to rekindle private sector investment and promote affordable housing are also highlighted.

by Terry Bingman
Sun, Feb 4, 2024 6:44am
in Business
• 2 mins read
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Preserving Macroeconomic Stability for Favorable Investment Climate | FinOracle

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The Budget for 2024-25 focuses on investment and stability

The Finance Secretary, TV Somanathan, highlights the level of investment and macroeconomic stability in the Budget for 2024-25. He believes that the capital expenditure allocation is appropriate and sufficient to sustain economic growth. Despite the uncertain private sector investments, Somanathan is confident that the current growth rate will be maintained.

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Tags: 2024Affordable housingAIARBalanceBalance sheetBankCESChinaClimateCostDividendEconomic growthEUFinanceFordGrowthIndiaInfrastructureInvestmentLINKMarketPotentialRevenueSECUS
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